The Northern Border Regional Commission's (NBRC) has announced that it has approved funding for two projects in the State of Maine. Details on the projects can be found below.

"These investments come at an important time," said Michaud, who authored the legislation that created the NBRC, which is charged with addressing the community and economic development needs of the most severely distressed portions of Maine, New Hampshire, Vermont and Upstate New York. "These projects will have a positive impact on business development in the region and will help spur job creation and additional investments in our state."

Details on project investments announced today by the NBRC:

$200,000 Town of Van Buren

Funding will go toward the construction of an agricultural building that will serve as a vegetable processing plant for lease to Northern Girl LLC, who will supply products to Crown of Maine cooperative for distribution. This plant will assist in the diversification of local agriculture and expand markets for local producers.

$50,000 Northern Maine Finance Corporation - Caribou, Maine

Funding will be used to establish a public-private partnership to link entrepreneurs with investors and additional support to grow businesses and jobs in Aroostook and Washington Counties. This program will identify potential entrepreneurs and provide them with the necessary training and education to improve their chances for success. This project will be piloted in Caribou, using NBRC funds, and will be expanded through a combination of private/public support from local communities.